MyStonks Risk Management Incident Participant Caroline: Previously published information regarding MyStonks was inaccurate and has now been removed

On August 21, based on GMGN market data, YZY briefly rose above $1.2 and is currently trading at $1.17, showing a nearly 13.73% increase in the past hour.

August 21st. According to an announcement, The Smarter Web Company listed in the UK has appointed Jesse Myers as its Bitcoin Strategy Director. Jesse Myers was previously appointed as the company's part-time Bitcoin Strategy Advisor on June 18, 2025. Jesse is a Bitcoin analyst and writer, recognized for "Once-in-a-Species" and "The Full Potential Valuation of Bitcoin", which served as the basis for Michael Saylor's own valuation model. Before this, Jesse co-founded the Bitcoin custody company Onramp Bitcoin, operated the Bitcoin hedge fund Protocol Capital, worked as a management consultant at Bain & Company, and obtained an MBA from Stanford University.

Update: On August 21st, based on the official website, YZY has been listed on Binance Alpha. As of the time of this writing, YZY is priced at $1.09.

On August 21st, the latest market analysis report from glassnode indicated that there are signs of the exhaustion of Bitcoin's capital inflow. Even though the price reached a new high of $124,400, the demand is weakening. While this demand slowdown was occurring, speculative positions surged. The open interest in major altcoin futures contracts once reached a record high of $60 billion and then pulled back by $2.5 billion. Ethereum, which has long been considered a barometer of the "altcoin season," has once again become the barometer of this round of volatility. Its hodler dominance has risen to the fourth-highest level in history, while the perpetual contract trading dominance has surged to a new high of 67%, marking the strongest structural shift to date. From a cyclical perspective, Bitcoin's price action also echoes previous patterns. In both the 2015-2018 and 2018-2022 cycles, measured from the cycle low, Bitcoin's peak price was only delayed by 2-3 months compared to our curre

On August 21st, the Ethereum Foundation declared the initiation of the "Trillion Dollar Security" Phase 2 plan, with a particular emphasis on enhancing the wallet user experience. This plan encompasses the improvement of wallet security, the addressing of blind signature problems, and the establishment of a vulnerability database in order to prevent smart contract exploits.

August 21st. The North Wales Police are conducting an investigation into a significant cryptocurrency theft case. A fraudster posed as a senior UK police officer and managed to steal ￡2.1 million (approximately $2.8 million) worth of Bitcoin. The police declared that this was a "highly targeted and sophisticated fraud." The fraudster might have acquired victim information through a data breach. The fraudster claimed to have arrested a suspect in possession of the victim's identification and used this to generate panic and a sense of urgency. The victim, believing they were following police instructions, logged into a cold wallet via a link provided by the fraudster. Believing they were on a legitimate website, the victim entered their recovery phrase on a carefully fabricated fake website, resulting in the theft of funds. (Cointelegraph)